Matalan founder set to lose control of retailer
January 16, 2023 8:32 amMatalan founder John Hargreaves is set to lose control of the fashion and homewares retailer. According to a report by This is Money, Invesco, Man GLG,... View Article
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Latest News: matalan
Matalan outlines timeframe for sales process
December 23, 2022 1:38 pmMatalan has announced further details regarding its ongoing sale, confirming that it has “received bids from a number of interested parties”. The company is currently assessing... View Article
Matalan Founder John Hargreaves makes last attempt to retain control
December 19, 2022 4:47 pmJohn Hargreaves has made a last attempt to keep control of Matalan, making a 50 50 offer with Elliot Advisors’ private equity arm. Hargreaves who floated... View Article
Matalan secures deadline extension for debt repayment
October 17, 2022 1:20 pmMatalan has announced that its debt payments have been kicked back several months, buying the high street retailer more time to find cash. The discount clothes... View Article
Nigel Oddy appointed interim CEO of Matalan amid sale process
September 26, 2022 2:25 pmMatalan has named former New Look chief executive Nigel Oddy as its interim CEO as the company’s process to sell itself begins. Oddy will join the retailer in early... View Article
Matalan eyes up sale as it grapples with inflationary pressure
September 5, 2022 3:08 pmMatalan’s founders are eyeing up a sale, as the fashion firm struggles to fight off inflationary pressure. As first reported by the Sunday Times, the retailer’s... View Article
Matalan founder Hargreaves clashes with lenders over chain’s future
August 22, 2022 2:50 pmFashion retailer Matalan is facing a battle between its lenders and its founder over its ownership as a deadline for refinancing looms. According to a report... View Article
Matalan founder John Hargreaves returns as Executive Chairman
July 25, 2022 2:48 pmMatalan has announced that executive chair Steve Johnson is stepping down from the board, and that John Hargreaves will return to Matalan in the capacity of... View Article
Matalan posts quarterly revenue growth
July 11, 2022 10:18 amFashion and homeware retailer Matalan has seen its revenue climb to £286.5 million in the 13 weeks ended 28 May from £221.8 million a year earlier.... View Article
